# Gold Dips Ahead of US Inflation Data

> Gold prices fall as investors await US inflation report for Federal Reserve policy clues.
- Title: Gold Dips Ahead of US Inflation Data · The Economic Times
- Summary: Gold prices fall as investors await US inflation report for Federal Reserve policy clues.
- Keywords: gold prices, us inflation data, federal reserve policy, consumer price index, brent crude futures, interest rates, The Economic Times
- Source: The Economic Times — https://economictimes.indiatimes.com/markets/commodities/news/gold-dips-ahead-of-us-inflation-data/articleshow/135696094.cms
- Author: Reuters
- Published: 2026-11-10T00:56:00+00:00
- Read time: 1 min
- Topics: gold prices, us inflation data, federal reserve policy, consumer price index, brent crude futures, interest rates, money, business
## Spot gold falls
Spot gold fell 0.3% to $4,128.48 per ounce by 0024 GMT after rising more than 1% in the previous session on softer oil prices.
## US gold futures rise
US gold futures for December delivery rose 0.6% to $4,137.60.
## Investors await US inflation data
Gold prices edged lower in early Asian trade on Tuesday as investors awaited US inflation data later in the day for clues on the Federal Reserve's next policy move.
## Federal Reserve policy stance
Richmond Federal Reserve President Tom Barkin said the central bank should move monetary policy with care as it maps a response to inflation that remains its greatest risk.
## Market expectations for Fed rates
Traders currently see an 84% chance that the Fed will raise rates in December, according to CME's FedWatch tool.
## Higher interest rates impact
Higher interest rates increase the opportunity cost of holding non-yielding bullion, reducing its appeal to investors.
## US inflation data schedule
The consumer price index report is due at 1330 GMT later in the day, followed by the producer price index data on Friday.
## Key takeaway

Spot gold dropped 0.3% to $4,128.48 per ounce ahead of US inflation data.